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How do price later contracts work for elevators?
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neiowa
Posted 10/31/2014 22:27 (#4154613)
Subject: How do price later contracts work for elevators?


Having a discussion with a buddy and we got talking price later contracts, I understand how they work on the framers end but can anyone explain how they work for the elevators? I believe the elevator can haul the grain to an end user whe doing a price later, but does the end user carry the price later? Does the elevator sell on the board? Just curious thanks
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